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Recording Financial Transactions (FA1) Overview

Course syllabus

Who it’s for

What’s included

FAQs

Recording Financial Transactions (FA1) Course Outline

Module 1: Types of business transactions and documentation

  • Types of business transaction
    • Types of business documentation
  • Process of recording business transactions within the accounting system

Module 2: Duality of transactions and double entry bookkeeping

  • Double-entry bookkeeping
  • Journal entries
  • Elements of the financial statements

Module 3: Banking system and transactions

  • The banking process
  • Documentation

Module 4: Payroll

  • Processing payroll transactions within the accounting system

Module 5: General ledger accounts

  • Prepare general ledger accounts

Module 6: Cash and bank

  • Maintaining cash records
  • Maintaining a petty cash record

Module 7: Sales and credit transactions

  • Recording sales, customer account balances and trade receivables

Module 8: Purchases and credit transactions

  • Recording purchases, supplier account balances and trade payables

Module 9: Reconciliation

  • Purpose of reconciliations
  • Reconcile the cash records
  • Reconcile individual supplier accounts

Module 10: Preparing the trial balance

  • Prepare the trial balance
  • Correcting errors
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Who should attend this Recording Financial Transactions (FA1) Course?

This Recording Financial Transactions (FA1) Course is designed for individuals seeking foundational knowledge in financial record-keeping, bookkeeping, and double-entry accounting. This course is ideal for:

  • Accountants
  • Bookkeepers
  • Finance Assistants
  • Accounts Clerks
  • Payroll Administrators
  • Small Business Owners
  • Administrative Staff involved in financial transactions

Prerequisites of the Recording Financial Transactions (FA1) Course

There are no formal prerequisites for attending this Recording Financial Transactions (FA1) Course. It is suitable for individuals with little or no prior accounting experience.

Recording Financial Transactions (FA1) Course Overview

Accurate financial transaction recording is a fundamental requirement for any business, ensuring compliance, financial control, and informed decision-making. Proficiency in financial transactions is essential for professionals handling financial data, bookkeeping, and maintaining business records. This course provides a robust foundation in financial accounting principles, preparing individuals for roles in finance and account management.

The Recording Financial Transactions (FA1) Course is a stepping stone for those entering the finance and accounting sector. It covers essential bookkeeping practices, double-entry accounting principles, and key financial documentation processes. This course is particularly beneficial for those who wish to develop strong skills in financial reporting and transaction recording.

This course by The Knowledge Academy equips delegates with a comprehensive understanding of Recording Financial Transactions, from maintaining ledgers to preparing financial statements. Through interactive learning, real-world scenarios, and expert instruction, delegates will acquire the expertise needed to accurately record and process financial data.

Course Objectives

  • To gain a strong understanding of financial transaction recording and bookkeeping principles
  • To develop proficiency in double-entry bookkeeping and ledger management
  • To learn how to process financial documents such as invoices, receipts, and bank statements
  • To understand the fundamentals of trial balances and financial statements
  • To enhance accuracy and efficiency in financial data recording and reporting
  • To earn a globally recognised certification in financial accounting

By the end of this Recording Financial Transactions (FA1) Course, delegates will have the foundational skills required to accurately record and manage financial transactions, supporting the financial health and compliance of organisations.

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What’s included in this Recording Financial Transactions (FA1) Course?

  • World-Class Training Sessions from Experienced Instructors
  • Recording Financial Transactions (FA1) Certificate
  • Digital Delegate Pack
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Train Your Workforce

Looking for Recording Financial Transactions (FA1) in-house or onsite training in New Delhi? We specialise in corporate group training and bulk bookings for organisations of all sizes in New Delhi. Our trainers deliver tailored sessions at your premises, online, or hybrid, with best price guarantee, group discounts and flexible scheduling to train your team.

Our New Delhi venue

Includes..

Free Wi-Fi

To make sure you’re always connected we offer completely free and easy to access wi-fi.

Air conditioned

To keep you comfortable during your course we offer a fully air conditioned environment.

Full IT support

IT support is on hand to sort out any unforseen issues that may arise.

Video equipment

This location has full video conferencing equipment.

New Delhi is one of the districts within Delhi, as well as it being the capital city of India, it is also the home to the Government of the National Capital Territory of Delhi and some of the branches of the Government of India, these being the judiciary, executive and legislative branches and is also home to around 249,998 people. The capital of India - New Delhi was initiated within 1931 by Viceroy Lord Irwin however formed during 1911 by George V, who was the King of the United Kingdom as well as the Emperor of India and his British architects Sir Herbert Baker and Sir Edwin Lutyens formed the foundation stone and announced the capital city of India would be changed. The primary schools and secondary schools within New Delhi are either run privately or by the government and as of 2004 to 2005 there was around 1.5 million students going through the educational system within 2416 primary schools, 822,00 students in 715 middle schools and 669,000 students in 1576 secondary schools and around 500,000 students within 165 universities and colleges. All universities are either state, deemed or central universities, The top universities within New Delhi are the Jamia Millia Islamia, the University of Delhi, Indian Statistical Institute, National Law University, Jawaharlal Nehru University, Guru Gobind Singh Indraprastha University, Ambedkar University Delhi, Jamia Hamdard, Delhi Technological University – which is the first Engineering college within Delhi and one of the oldest in India, the Indira Gandhi National Open University is the largest national university in the world with over 4 million students, New Delhi is also home to the Indian Agricultural Research Institute, Pusa, New Delhi, Premier institute for agricultural research and education in India. The university courses and programs can offer different types of degrees such an undergraduate and post graduate courses, Bachelor courses and Scholarships, New Delhi prides itself on its premier institutions as the teaching and researching they do means that within 2011 the census recorded the literacy rate for females as 80.9% and for males it was slightly higher at 91.0% with an overall literacy rate of 86.3%. Subjects within the different universities can include, social sciences, engineering, humanities, technology, sports, law, social work, arts, management, education, computer information technology, foreign languages, mathematical science, dentistry and medical. 

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Ways to take Recording Financial Transactions (FA1) in New Delhi

Blended Learning

Live, expert-led sessions combined with self-paced study and one-to-one tutor support.

Best for: structure with flexibility.

Weekly tutor support

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Online Self-Paced

Study 24/7 on your own schedule through our learning platform, with progress tracking.

Best for: fitting study around work.

90 days of access

See self-paced options

Onsite

We bring the course to your team, at your premises, online or hybrid, on dates that suit you.

Best for: groups and bulk bookings.

Tailored to your team

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Package deals for Recording Financial Transactions (FA1) in New Delhi

Our training experts have compiled a range of course packages on a variety of categories in Recording Financial Transactions (FA1), to boost your career. The packages consist of the best possible qualifications with Recording Financial Transactions (FA1), and allows you to purchase multiple courses at a discounted rate.

Recording Financial Transactions (FA1) in New Delhi FAQs

What time shall I arrive at the venue?

Please arrive at the venue at 8:45am.

What are the pre-requisites?

Who should attend this course?

Do you offer support for the course?

We are able to provide support via phone & email prior to attending, during and after the course.

What is included in the course?

Delegate pack consisting of course notes and exercises, Manual, Experienced Instructor, and Refreshments

What is the duration of this course?

This course is [ ] day(s)

How long until I receive the course confirmation details?

Once your booking has been placed and confirmed, you will receive an email which contains your course location, course overview, pre-course reading material (if required), course agenda and payment receipts

What is the cost/training fees for Recording Financial Transactions (FA1) in New Delhi?

The training fees for Recording Financial Transactions (FA1) in New Delhi starts from INR179995

Which is the best training institute/provider of Recording Financial Transactions (FA1) in New Delhi?

The Knowledge Academy is one of the Leading global training provider for Recording Financial Transactions (FA1).

What are the best ACCA Foundation courses in New Delhi?

Please see our ACCA Foundation courses available in New Delhi

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"Really good course and well organised. Trainer was great with a sense of humour - his experience allowed a free flowing course, structured to help you gain as much information & relevant experience whilst helping prepare you for the exam"

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